AXA Real Estate Investment Managers (AXA REIM) is teaming up with EDF Energies Nouvelles to develop a solar power plant with photovoltaic panels. The plant will be integrated in the roof of a 88,000 m[sup]2[/sup] logistics complex which will be built by PRD on behalf of AXA REIM in Fos sur Mer, in the Bouches du Rhône region of France.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
